Today Fed to release its interest rate decision

Today, the US Federal Reserve (Fed) will announce a decision on interest rates

Gold has grown in price by $1

Central Bank announced exchange rate for 10 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 10 June

Central Bank sold $52.7 million to banks at a currency auction

The Central Bank of Azerbaijan has conducted a currency auction with the participation of the State Oil Fund

Tax arrears of these NBCOs appeared

Four non-bank credit organizations in Azerbaijan have tax debts to the state

Finance Ministry requires financial statements from companies

Gold has fallen in price by $4

Prices for gold and silver offered on world exchanges have been declared

Central Bank announced exchange rate for 9 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 9 June

Pandemic affected much on NBCO business owners

The pandemic has affected most of all business owners who are clients of non-bank credit organizations

Customs Committee`s transfers to Azerbaijan’s budget for Jan-May decreased

The State Customs Committee received AZN 1.696 bn for the first 5 months of 2020

Customs Committee reduced payments to State Budget on some indicators

According to the State Customs Committee, customs duties received by the State Budget from the SCC decreased by AZN 18.1 million or 20.3% against 2018 and amounted to AZN 71 million

Central Bank raised AZN 200 million in a deposit auction

The Central Bank of Azerbaijan raised AZN 200 million in today’s deposit auction

Ziraat Bank to open 3 branches for 2nd half of 2020

Ziraat Bank Azerbaycan plans to open three new branches by the end of 2020, and increase almost 3–fold the branch network in 2021

Central Bank announced exchange rate for 8 June

The Central Bank of Azerbaijan announced the exchange rate of the manat to foreign currencies for 8 June

Azinvestcredit finished 2019 with profit

Azinvestcredit LLC completed 2019 with net profit of AZN 33,000

Money transfer from Azerbaijan to Russia simplified – Service fee cut

IBA to return deposits of two closed banks - compensation to be paid in 2 stages

In accordance with the Law on Deposit Insurance the day of the insured event in AG Bank and NBC Bank is set on 28 April 2020

Premier Kredit`s loss reached AZN 198,000 for 2019

NBCO Premier Kredit LLC completed 2019 with loss of AZN 198,000, while in 2018 it had net profit of AZN 35,000

IDK`s non-interest expenses lowered by 13.6%

NBCO IDK has published the report for 2019

Baku to host a banking forum in November

Holding of the 5th International Banking Forum in Baku is scheduled for November 2020

Gold falls in price sharply – by $11

Prices for gold and silver offered on world exchanges have been declared.